On May 6, 2025, Vietnamese technology company 1Matrixofficially unveiled The first of the nation Low-1 blockchain Network designed, built and fully managed by Vietnamese engineers. This launch in Hà nội Marks a determining step for Vietnam while it goes to the full ownership of the digital core infrastructure.
Unlike most blockchain platforms developed abroad, this new network is home -grown – From consensus algorithms to user interfaces – and wants to support Public data systems, digital finances and government services.
At the 1Matrix launch ceremony (Image: Vietnam Blockchain Association)
What is 1Matrix, and why it matters
1Matrix is not a typical blockchain start. It is one strategic member of an ecosystem that includes Techcombank, One Mount Group, Masterise GroupAnd Techcom Securities – major players in the financial and technical sectors of Vietnam. The company is also a member of the Vietnam Blockchain Association (VBA) and partners with Boston Consulting Group (BCG).
Supported by these settings, 1Matrix has a long -term vision: to a National Blockchain -Ruggenbraat For Vietnam. The goal is not only to build a blockchain, but also owns the underlying technologyFrom the protocol level to intellectual property. This allows Vietnam Blockchain to transfer Government activities, digital identity, finance, logisticsAnd more.
According to Phan Duc TrungChairman of 1Matrix and head of the Vietnam Blockchain Association, the project is intended to ensure Data security, technological independenceAnd a higher global status for Vietnam in the blockchain room.
During the 1Matrix launch ceremony, Mr. Phan Duc Trung gave a keynote speech, who officially kicks off the “Make in Vietnam” Layer-1 Blockchain network. (Image: Vietnam Blockchain Association)
Blockchain, but for public use
Unlike many blockchain initiatives centered around speculation or Defi1Matrix has set its sights Applications on a national scale. The Layer-1 platform is designed with compliance and interoperability in thought-off functions for integration in Workflows in the public sector.
The company stated that his architecture is gathering International interoperability standardsWhich means that it can connect to worldwide systems while staying Under local control. This is crucial in a world where Data security And digital administration are now bound by national interests.
The network is intended to support:
- Government data infrastructure
- Regulated issue of digital assets
- Safe and scalable Enterprise solutions
Strategic partnerships to speed up growth
1Matrix is tailored to Global Consulting Powerhouse Boston Consulting Group To develop his platform. BCG offers deep experience in working with governments and companies on digital transformation, so that the project is not only locally, but also Global relevance.
Strategic cooperation agreements were signed between 1Matrix, BCG and the Vietnam Blockchain Association Scale adoptionadvise on policy, and Support for ecosystem development.
Investing in talent: the Vietchain Talents 2025 competition
An essential part of this initiative is talent development. 1Matrix has launched a national competition called “Vietchain Talents 2025” Discover and nourish blockchain developers and innovators.
Immediately Prize pool of $ 140,000The competition focuses on four core themes:
- Low-1 Blockchain development ($ 40,000 main prize)
- Decentralized and centralized exchanges
- Blockchain bridge infrastructure
- Blockchain traceability solutions
Educational institutions also benefit. Universities whose students win every first prize will receive one Institutional subsidy of $ 8,000.
The competition is open until June 20 and is expected Energiek the youth of Vietnam To become a member of the blockchain movement and helps to build a sustainable local talent pool.
Policy support and future legal framework
The launch of 1Matrix comes out with Resolution 57-NQ/Tw And Decision 1236/QD-TTGimportant government strategies that focus on blockchain as a priority sector For the economic future of Vietnam.
This is at a time when the Ministry of Finance is the preparation of legal frameworks for digital assets and plans to Launch a recognized digital currency exchange. The effort will ensure:
- Legal protection for investors in digital assets
- A regulation path for blockchain -based companies
- A framework for safe, conforming digital innovation
The goal is to prevent Capital flightmake sure Tax complianceAnd Unlock value Of the technical population of Vietnam who is already one of the top three in the world in crypto property, with $ 120 billion in inflow in 2023.